For its central location, modern facilities, low maintenance and comfortable living, this attractive unit will have wide appeal with single people and couples.
It’s also an excellent proposition as a rental, currently on a periodic lease to a government department at $390 a week, with a current rental appraisal suggesting a potential $400 - $450 per week, which gives an indication of the returns an investor can expect.
Part of a nine-unit strata complex, the brick veneer and tile home has undergone extensive modernisation to the kitchen, bathroom, and laundry, and is tastefully finished with new flooring, décor and window treatments.
The lounge at the front has gas heating and an area on one side for a dining table. Smart, modern, plank flooring flows from here into the adjoining kitchen, where glossy white cabinetry is set off by marble-effect benchtops and white subway tiling. It is also fitted with a dishwasher, gas cook-top and under-bench oven.
Similarly, the bathroom has had a facelift and sports white cabinetry, a walk-in shower, a bath and vanity. The toilet is also new, and there’s fitted shelving in the laundry.
Both of the bedrooms are carpeted. One is queen sized with a built-in robe and the second is a big single.
At the back is a private little nook for sitting out in the morning sun and a paved courtyard – perfect for cultivating planters of veggies and herbs. There’s a garden shed for the tools, and at the front, an area of lawn.
A carport shelters the front door, and residents have a second dedicated parking spot besides.
Security screens are fitted to front and back doors and all windows have security shutters, bringing peace of mind for owners chasing warmer climes in winter.
Everything is clean and sparkling, ready for new owners or tenants.
In a quiet no-through-road, the home is close to a shopping centre and medical facilities, and town is only four minutes away, so it’s a winner for convenience as well.
What you need to know:
- Brick veneer and tile strata unit, part of complex of nine
- Ideal for single person, couple or investor
- Modernised kitchen and bathroom
- New flooring, window treatments, fresh décor
- Lounge with gas heating
- White kitchen with dishwasher, gas cook-top, under-bench oven
- Bathroom with bath, walk-in shower, vanity
- New toilet
- Laundry with built-in shelving
- Queen-sized bedroom and big single bedroom
- Security doors and window shutters
- Private rear courtyard and garden shed
- Carport plus parking spot
- Few minutes to shops, medical facilities, town
- Beautifully presented, in excellent condition
- On periodic lease at $390 a week
- Current rental appraisal at $400 to $450 per week
- Council rates $2,035.59
- Water rates $1,564.13
This property at 5/49-51 Geake Street, Spencer Park is a two bedroom, one bathroom unit listed for sale by Kyle Sproxton at Merrifield Real Estate.
For more information about Spencer Park, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Spencer Park profile page.
If you would like to get in touch with Kyle Sproxton regarding 5/49-51 Geake Street, Spencer Park, please call 0438 880 439 or contact the agent via email.
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